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Daily Stock Analysis

Author: Admin_Report1

SPY is moving down to retest the previous low at 295.

From the Elliott wave analysis in one hour, SPY looks to retest the previous low at 296 or lower.  The analysis is best described in the picture below.

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DUST is moving up

Gold miners are moving down pushing the bear ETF DUST up. near time first target is 8.25 and even 10.00 is possible.

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CGC Update

CGC is turning down , may touch 21 before moving up further. Hopefully it will hold the support at 21.00.

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CGC looking to move up

CGC(Canopy Growth Corporation) is moving up. Th likely target is 28.00. It is a classic retracement after hitting 1.68 extension as shown int the chart. Recently the company said they expanding their operation in  the U.K. and Luxembourg.

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HSY is trending down

The Hershey Company (HSY) is moving down recently. If it breaks 137 then 131 is the next target. View the HSY chart here. 139.26 is the most recent support.

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CARA likely to move down short term before moving up

CARA likely to move down short term before moving up as shown in the chart below.

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DUST is moving up

Direxion Daily Gold Miners Index Bear 3X Shares: DUST is likely to move up for the next two days, It may retest 7.90 -to 7.00 and then move up 7.60 or 7.80.  This is going to be a short trade , so watch out for the chart.

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NIO Inc. Looking to move up

NIO Inc. Looking to move up Chinas Tesla NIO’s chart suggests an eminent move up.

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Bristol-Myers Squibb Company Poised to move up

This is poised to move up after hitting the double bottom as you can see in the BMY.

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Karyopharm Therapeutics Inc looking for a break out

Karyopharm Therapeutics Inc looking for a break out

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